02.22.2024

Victor Stinga, the interim CFO of Revolut, said the fintech wants to launch mortgages and savings accounts as a rising number of European clients, including Romanian ones, are starting to see Revolut more

03.15.2023

SmartBill, the main invoicing and management solution for SMEs in Romania, has integrated Smart Accounts service in its platform, via a partnership with Smart Fintech startup. more

08.11.2020

Romania’s state-owned medical supplier Unifarm made unauthorized acquisitions for hospitals during the state of emergency amounting to RON1.5 billion, a report by the Court of Accounts revealed more

09.20.2017

Banca Comerciala Romana (BCR) will open value-added tax payment accounts for its corporate clients first on demand, then automatically, to allow them to comply with split VAT payment requirements, it more

09.19.2017

Lender ProCredit Bank said Tuesday it will open value-added tax payment accounts for its SME clients free of charge, to help them comply with split VAT measures. more

09.18.2017

UniCredit Bank announced Monday it will open split VAT payment accounts for its corporate clients that pay value-added tax, free for administration fees. more

01.15.2017

Internet users make numerous mistakes when choosing the passwords for their accounts, like the use of the same, simple password for multiple accounts, and the keeping of the password in an unsafe more

08.20.2013

Romania’s largest bank BCR Tuesday announced plans to auction 378.5 million lei (EUR85 million) of accounts receivable on the Silver Mountain real estate project in the central county of Brasov. more

07.29.2013

Some 2.3 million of the 5.9 million Romanians holding mandatory private pension accounts (Pillar II) paid no contributions in June, because they either have no job or are working based on no labor more

02.14.2012

Romania’s national roads authority CNADNR on Tuesday said it asked the Court of Accounts to check the unfolding of all subsequent contracts concluded by the authority for the maintenance of national more

01.09.2012

Romania's Court of Accounts has found losses of 325.8 million lei (EUR74.8 million) at state-owned railway companies CFR SA and Electrificare CFR, while auditing the management of railway more

01.09.2012

Romania's Court of Accounts has found a series of problems responsible for losses in the activity of state-owned postal operator Posta Romana, including prejudicial contracts with Blue Air, the more

01.09.2012

The Romanian Lottery lost 89.8 million lei (EUR20.6 million) following several contracts signed over the past years, and from unjustified pay to managers, reveals an investigation conducted by the more

01.09.2012

Romanian state-owned railway company CFR SA illegally spent EUR13.4 million from a foreign loan in 2010, an audit by the Court of Accounts has found. more

01.09.2012

The Romanian Court of Accounts has revealed financial irregularities amounting to EUR5.1 million, following investigations that targeted projects financed within the regional operational program more

01.09.2012

Romania paid more than EUR1 million from the European Solidarity Fund to various companies, to counter the effects of the 2008 floods, but the funds were disbursed before the contracts were signed and more

01.09.2012

Romanian central and local authorities in 2010 caused 3.2 billion lei (EUR735 million) in damage to the state budget by failing to collect certain income on time, using funds illegally, hiring more

06.28.2011

The share of mandatory private pension accounts with no pension contributions transferred since May 2008 decreased by 1.59 percentage points last year to 5.49%, according to data included in the more